NOT LISTED FOR SALE

75-61 197th St Flushing, NY 11366

Fresh Meadows Neighborhood

Estimated Value: $1,253,000 - $1,302,000

4 Beds
2 Baths
-- Sq Ft
2,952 Sq Ft Lot

Last Sold October 14, 2021

Last sale price $1,100,000

Est. 16% increase in value since last sale

Current estimated payment $7,713/month

21 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Eat-In Kitchen
  • P.S. 26 Rufus King School Rated A
  • 2 Car Detached Garage
  • 3-minute walk to Cunningham Park

About This Home

As of October 2021

Located in the heart of Fresh Meadows! A great community to live and invest in! Being centrally located allows for an easier commute East or West! Desirable,convenient location with top rated schools makes renting apartments easier for a landlord. Close to an array of neighborhood shops, private and public schools, several parks and public transportation. Please preview the virtual tour prior to scheduling appointments.

Last Agent to Sell the Property

Kathy Pittas

Northeast Real Estate Company Brokerage Phone: 718-428-8877 License #30OR0474191 Listed on: 05/13/2021

Last Buyer's Agent

Kathy Pittas

Northeast Real Estate Company Brokerage Phone: 718-428-8877 License #30OR0474191 Listed on: 05/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,835

Year Built

  • Built in 1950

Lot Details

  • 2,952 Sq Ft Lot
  • Lot Dimensions are 36 x 82
  • 1 Common Wall
  • Southeast Facing Home
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 26 Rufus King Elementary School
  • JHS 216 George J Ryan Middle School
  • Francis Lewis High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 51 / 7214

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,835

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1950
  • New Construction: No
  • Attribution Contact: 718-428-8877
  • BuildingSize: 22 x 42
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 4
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: Southeast
  • Construction Materials: Brick
  • Fencing: Back Yard
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: None
  • SeparateHotwaterHeaterDetail: Y

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 216 George J Ryan

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 36 x 82
  • Lot Size Sq Ft: 2952
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Zoning Description: R3-2
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2021-05-11

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity
  • Available Date: 2021-08-15

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 10835
  • Tax Block: 7214
  • Tax Lot: 51

MLS Schools

  • Elementary School: Ps 26 Rufus King
  • High School: Francis Lewis High School
  • Middle School District: Queens 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Oct 14, 2021
Sold by
Anna Dariotis Administrator
Bought by
Chen Jia Li and Zheng Xu C
Seller's Agent
Kathy Pittas
Northeast Real Estate Company
Buyer's Agent
Kathy Pittas
Northeast Real Estate Company
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,280,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,788
Avg. Annual Appreciation
2.68%
Original Mortgage
$700,000
Outstanding Balance
$642,476
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$575,133
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Jia Li $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jia Li $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $1,100,000 0.0% --
06/04/2021 06/04/21 Pending -- -- --
05/17/2021 05/17/21 Off Market $1,100,000 -- --
05/13/2021 05/13/21 For Sale $1,100,000 -- --
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,995 $58,026 $15,160 $42,866
2024 $10,995 $54,743 $14,351 $40,392
2023 $10,555 $52,550 $14,686 $37,864
2022 $10,491 $66,480 $18,780 $47,700
2021 $4,431 $61,500 $18,780 $42,720
2020 $4,154 $67,620 $18,780 $48,840
2019 $3,811 $66,660 $18,780 $47,880
2018 $3,511 $43,792 $13,652 $30,140
2017 $6,214 $43,792 $14,660 $29,132
2016 $3,472 $43,792 $14,660 $29,132
2015 $1,950 $40,296 $18,235 $22,061
2014 $1,950 $38,016 $18,123 $19,893
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kathy Pittas

    Northeast Real Estate Company

    (718) 428-8877

    1 in this area

    14 Total Sales

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Map

Source: OneKey® MLS

MLS Number: KEY3310895

OneKey® MLS

APN: 07214-0051

New York Queens County Flushing 11366 Fresh Meadows

75-61 197th St, Flushing, NY

This home is located at 75-61 197th St, Flushing, NY 11366 since 13 May 2021 and is currently estimated at $1,279,919. This property was built in 1950. 75-61 197th St is a home located in Queens County with nearby schools including P.S. 26 Rufus King School, George J. Ryan Middle School 216, and Yeshiva Primary/Junior High School.

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